17 hours on RocketVideo tour
$8,301 Closing Credit¹
#A11763717, Ronit Shachar, Listing Office: Related ISG Realty, LLC.
Bal Harbour Housing Market Report February 2025•Miami-Dade County, Florida
Housing Prices in Bal Harbour, FL
How much do homes in Bal Harbour, FL cost?
Housing Market Conditions
Is Bal Harbour, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Bal Harbour is a Buyer's Market
Difference Since February 2024
Since last year, Bal Harbour has remained a Buyer's Market.
Insight
Bal Harbour is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,565,000$932/SqFt
-$35,000
-2.2%
Based on all homes sold in the last 12 months
Insight
Homes in Bal Harbour have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Bal Harbour was $1,565,000 in February 2025, down 2.2% from last year, and the median price per square foot was $932.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Surfside | $1.2M | $1.3M | +9.2% |
| Bal Harbour | $1.6M | $1.5M | -2.2% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $506K | $590K | +16.6% |
| 22 Bedrooms | $1.2M | $1.4M | +11.8% |
| 33 Bedrooms | $4.1M | $3.8M | -6.7% |
| 44 Bedrooms | $6.8M | $6.1M | -9.2% |
| 55+ Bedrooms | - | $16.5M | N/A |
Summary: Bal Harbour housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +16.6%. The home price for 2 bedroom homes increased by +11.8%. The home price for 3 bedroom homes decreased by -6.7%. The home price for 4 bedroom homes decreased by -9.2%. The home price for 5 bedroom homes did not change.
How does Bal Harbour, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Bal Harbour, FL
Housing supply in Bal Harbour, FL
How many homes are available in Bal Harbour, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 165Last MonthFeb 2025 | ||
| 1542 months agoJan 2025 | +7.1 % Change MoMJan – Feb |
Summary: The Bal Harbour real estate market had 165 homes for sale in Feb 2025, a 7.1 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | +50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 23 | 24 | +4.3% |
| 22 Bedrooms | 72 | 78 | +8.3% |
| 33 Bedrooms | 43 | 44 | +2.3% |
| 44 Bedrooms | 9 | 10 | +11.1% |
| 55+ Bedrooms | 7 | 9 | +28.6% |
Summary: Bal Harbour housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +4.3%. The inventory for 2 bedroom homes increased by +8.3%. The inventory for 3 bedroom homes increased by +2.3%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes increased by +28.6%.
Asking Price vs. Sold Price
How much do homes in Bal Harbour, FL cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price5 Homes
Insight
If you're buying a home in Bal Harbour, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bal Harbour in February 2025, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and and 17% were sold over asking.
Days on Market for Bal Harbour, FL
How long does it take to sell a home in Bal Harbour, FL?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days5 Homes
Insight
Most homes in Bal Harbour are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 6 homes were sold in Bal Harbour; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 83% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 252 DaysThis YearFeb 2025 | ||
| 166 Days1 year agoFeb 2024 | +51.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Bal Harbour had an average listing age of 252 days in Feb 2025, up by 51.3% compared to the previous year.
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Newest Listings in Bal Harbour, FL
What homes are available in Bal Harbour, FL?
18 hours on RocketVideo tour
$10,000 Closing Credit¹
#A11763176, Claudio Minones, Listing Office: One Sotheby's International Realty
20 hours on RocketVideo tour
#A11762313, Susan Erem, Listing Office: One Sotheby's International Realty
1 day on RocketVideo tour
#A11763284, Allen Davoudpour, Listing Office: Compass Florida, LLC
1 day on RocketVideo tour
$10,000 Closing Credit¹
#A11762294, Micael Machado, Listing Office: Compass Florida, LLC
2 days on RocketVideo tour
#A11762489, Boris Vertsberger, Listing Office: FIP Realty Services, LLC
2 days on RocketVideo tour
$10,000 Closing Credit¹
#A11758478, Monica Saldarriaga, Listing Office: Florida Capital Realty
3 days on RocketVideo tour
#A11755358, Joel Lusky, Listing Office: The Brokerage South Florida Real Estate, LLC.
4 days on Rocket3D tour
#A11756673, Sergio Balinotti, Listing Office: BRG International , LLC
Video tour
$10,000 Closing Credit¹
#A11755156, Eva Bouhadana, Listing Office: Beachfront Realty Inc
Video tour
$10,000 Closing Credit¹
#A11754267, Magda Ruby, Listing Office: MC Miami Realty LLC
Video tour
#A11749191, Marina Zaslavskaya, Listing Office: Keller Williams Elite Properties
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MLS Disclaimers and Copyright
Based on information from Miami MLS, for the period 03/01/2023 - 03/01/2025
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.